Liberty Bank Receives '5-Star' Status From BauerFinancial
(firmenpresse) - SOUTH SAN FRANCISCO, CA -- (Marketwired) -- 08/26/15 -- Liberty Bank announced that it has been named a 5-Star Rated Bank by BauerFinancial, Inc. This is the firm's highest ranking, putting Liberty Bank on its esteemed Recommended Report as a Superior Bank.
"We're delighted and honored to have been vetted by industry leader BauerFinancial," says Bruce Farrell, President and CEO. "We're well capitalized and our clients can feel confident about the safety of their funds as they take advantage of our full range of valuable services."
BauerFinancial has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. Ratings are independent as no institution has ever paid the company to rate it, nor can any choose to be excluded.
How do they do it? Each bank and credit union is required to file a detailed financial report with federal regulators four times a year. BauerFinancial obtains this data in its raw form from the government. The quarterly data is subjected to a thorough analysis and is compared with historical data for consistency. Upon completion of the analysis, a star-rating is assigned based on a scale of zero to five stars, with five stars being the strongest.
Founded in 1982 by a group of local businesspeople, Liberty Bank is an independent, community bank. The bank's focus is to provide a range of financial services to its friends, neighbors, and businesses in the Boulder Creek, Felton, and South San Francisco areas. Liberty Bank prides itself on building relationships with customers and contributing to their local communities. Information on the bank is available at . Liberty Bank is a member of the FDIC.
BauerFinancial, Inc. has been analyzing and reporting on the financial condition of the nation's banking industry since 1983. Through the years BauerFinancial has earned the reputation of "the nation's bank rating service." Now, more than a quarter of a century later, hundreds of newspapers depend on their ratings for their readers. More information can be found at .
Bruce Farrell
President/CEO
Liberty Bank
650-871-2400
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Datum: 26.08.2015 - 13:00 Uhr
Sprache: Deutsch
News-ID 416014
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SOUTH SAN FRANCISCO, CA
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Commercial & Investment Banking
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